Posts Tagged: inflation

There’s rustling in the political jungle that a progressive income tax is on the horizon. It’s a good way to make sure that those bastard rich people pay their fair share. The main problem with these taxes is that they typically “forget” to index these things to inflation and in a few short year, viola—your taxes go up automatically and you scratch your head at how you “don’t feel rich.”

At least you’re still free to leave the state, assuming you can find a new job, can sell off your house and leave behind whatever life you’ve cultivated.